Intelligent solutions have long been an integral part of successful companies, providing them with a competitive advantage and the ability to quickly make strategic decisions.

Business Intelligence (BI) is a key tool to help your company see hidden trends, analyze data efficiently and respond quickly to changes in the business environment.

BI allows you to gather information from various sources and visualize the results in a convenient form, such as charts, graphs, or reports.

What are the benefits of implementing BI?

  1. Making informed decisions based on data: It provides a detailed understanding of business processes and the factors affecting the company’s success. Analytics help prioritize, identify weaknesses, and make well-grounded strategic decisions.
  2. Increasing efficiency and speed of actions: BI enables the automation of data analysis processes, reducing the time required to prepare reports and make decisions. This allows for quick responses to changes and rapid adjustments in the company’s operations.
  3. Improving collaboration and communication: BI helps consolidate data from various sources and present it in a convenient form. This enhances the quality of interactions between company departments, improving communication and synergy in the workplace.
  4. Enhancing competitiveness: With the ability to quickly analyze data and respond to changes in the external environment, the company strengthens its competitive edge and enters new markets, reliably maintaining its position.

Implementing BI is an investment in the future of your business. It will help your company become more adaptive, efficient, and successful.
Improve your company’s performance and reach new heights with business analytics!

Yandex DataLens

As a BI solution, Yandex has launched a new product called Yandex DataLens.

Yandex DataLens offers several advantages that make it an attractive tool for data visualization and analysis:

  • Intuitive interface and ease of use
  • Interactive features: filters, buttons, toggles, etc.
  • Variety of visualizations
  • Integration with various data sources such as databases, Excel files, APIs, and more
  • High performance
  • Cloud-based solution providing flexibility, scalability, and data accessibility from anywhere
  • No additional costs for software and infrastructure
  • Automated product updates
  • Continuous development of the tool based on user feedback

What dashboards can you create with YDL:

  1. Sales and Profitability: A dashboard displaying sales, revenue, and profit data, analyzing key sales performance metrics such as conversion rates, average check, time-based comparisons, product or category comparisons, as well as sales forecasts and trends.
  2. Marketing Campaigns: A dashboard tracking marketing campaign results, advertising performance metrics, and analytics on traffic sources, user behavior, and more.
  3. Production Management: A dashboard with data on production processes, equipment utilization rates, staff efficiency, inventory control, production time, and more.
  4. Project Management: A dashboard showing the current status of projects, task statuses, work schedules, budget reports, and project resources.

These are just general examples of dashboards that can be created on the YDL platform. In practice, dashboards will depend on the specific needs and business goals of the company. They can be customized to meet client requirements and adapted to specific industries and business processes.
Implementing Yandex DataLens involves several stages:

  1. Identifying Needs and Goals:

– Defining the goals and objectives to be addressed with Yandex DataLens.
– Identifying key performance indicators and metrics to track.

  1. Data Preparation:

– Preparing data from various sources for visualization.
– Cleaning, transforming, and enriching data for convenient analysis.

  1. Dashboard Setup and Creation:

– Creating dashboards using Yandex DataLens tools.
– Configuring visualizations, filters, reports, and interactive elements.
– Developing charts, graphs, tables, and other elements to display information.

  1. Testing and Optimization:

– Testing dashboards for accurate data display.
– Optimizing performance.

  1. Implementation and Training:

– Integrating the created dashboards into the organization’s workflow.
– Training employees who will work with Yandex DataLens.
– Conducting workshops and training sessions on using the tool.

  1. Support and Development:

– Providing user support for working with dashboards.
– Continuously updating and improving dashboards according to business needs.
– Monitoring the effectiveness of Yandex DataLens usage and gathering feedback for functionality improvements.

Each of these stages is crucial for the successful implementation of Yandex DataLens in an organization and ensures the effective use of the tool for data analysis and decision-making.

What You Need to Start with BI

To get started, you need to answer the following questions:

  1. What goals and strategic objectives do you want to achieve by implementing business analytics in your company?
  2. What existing management and reporting systems are used in your company?
  3. What are the data sources in your company?
  4. How many active users are expected to work with BI?
  5. What data volume is planned to be used?
  6. What metrics are planned to be displayed on the dashboard?